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2B Chilton Drive, Watnall, Nottingham, NG16 1HL - Image 1
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2B Chilton Drive, Watnall, Nottingham, NG16 1HL

East Midlands

£140,000
Listed on 02/04/2026

Property Details

Bedrooms
2
Type
Detached Bungalow

Description

This two-bedroom detached bungalow presents a promising opportunity for investors or those looking to create their ideal home. Situated in Watnall, Nottinghamshire, the property boasts both front and rear gardens, along with a garage and designated off-road parking. While it requires modernisation to elevate its appeal, its layout allows for creative renovation possibilities. Furthermore, prospective buyers can explore extension options, pending necessary consents. Currently tenanted with an income of £7,200 per annum, this property offers immediate returns while plans can be made to enhance its value through renovation.

Investment Analysis

(NG16 area)
Area Average
£239/sq ft
Avg Rent (weekly)
£199
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£18,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
66
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (NG16)

Area prices are stable by -1.8% over the last 12 months
3 year growth: +1.4%
5 year growth: +20.6%
Investment Disclaimer: Analysis based on NG16 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

2B Chilton Drive, Watnall, Nottingham, NG16 1HL
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£496
Based on a loan of £105,000 over 30 years at 3.91% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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